https://www.taxtmi.com/caselaws?id=787850 Rejection of a Form No.10AB application for statutory tax approval was held unsustainable where the delay arose from bona fide transition-regime confusion; contemporaneous notarised affidavits, prompt filing upon discovery and parallel recognition of charitable status supported a non-mala fide explanation. The legal principle applied requires condoning unexplained procedural delay when substantive eligibility is not controverted, permitting restoration of the application to the competent officer for merits adjudication after hearing rather than imposing an irreversible technical forfeiture. en-us Mon, 19 Jan 2026 00:00:00 +0530 Fri, 13 Mar 2026 08:36:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787850 Rejection of a Form No.10AB application for statutory tax approval was held unsustainable where the delay arose from bona fide transition-regime confusion; contemporaneous notarised affidavits, prompt filing upon discovery and parallel recognition of charitable status supported a non-mala fide explanation. The legal principle applied requires condoning unexplained procedural delay when substantive eligibility is not controverted, permitting restoration of the application to the competent officer for merits adjudication after hearing rather than imposing an irreversible technical forfeiture. Case-Laws Income Tax Mon, 19 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787850